Bitcoin has pulled above $70,000 on news of the Iran ceasefire, but the rally is, for now, fairly cautious. There may be good reasons for that. One of the more reliable signals for gauging where bitcoin may be headed comes from tracking margin long positions on Bitfinex. These positions, which reflect bullish bets funded with
Morgan Stanley Investment Management has finally launched its spot Bitcoin exchange-traded fund (ETF). The product, called Morgan Stanley Bitcoin Trust (MSBT), will trade on NYSE Arca and aims to provide investors with regulated exposure to Bitcoin through a traditional investment vehicle. Notably, the fund represents the first cryptocurrency ETP offered by a U.S. bank-affiliated asset
A large trader, commonly referred to as a whale, executed two high-impact positions across different markets. The trades included a $60 million 5x short on oil and a $16 million 10x long on Bitcoin. What makes this move remarkable is the timing—both positions were placed just before a major geopolitical announcement that shifted market direction.
Adam Back has denied claims that he is Satoshi Nakamoto after a New York Times story argued that the British cryptographer is the strongest candidate yet for Bitcoin’s pseudonymous creator. In a post on X after the article was published, Back said his long record in cryptography, privacy tools and electronic cash research explains why
The New York Times published an investigation on Wednesday arguing that Adam Back, the British cryptographer who invented Hashcash, is the most likely person behind the Satoshi Nakamoto pseudonym used by Bitcoin’s creator. Back denied the claim, telling Cointelegraph he was referring reporters to his post on X after previously rejecting similar attempts to identify
Wall Street broker Bernstein said the rise of quantum computing poses a credible but manageable threat to Bitcoin and the broader crypto ecosystem, as recent breakthroughs compress timelines for potential attacks on modern cryptography. Advances such as Google Quantum AI’s reported reduction in qubit requirements suggest the risk is no longer a distant, decade-long concern,
Blockstream CEO Adam Back, downplayed the immediacy of quantum computing as a threat to the Bitcoin network, but emphasized the need for the industry to prepare. A foundational figure in Bitcoin history for his cryptography work, dating back to the 1990s, Back laid out his central argument, saying that while quantum risk is real in
According to the Financial Times, Iran is considering accepting Bitcoin (BTC) as payment for transit through the Strait of Hormuz. Hamid Hosseini, spokesperson for the Iranian Oil, Gas and Petrochemical Products Association, said the tariff would be $1 per barrel and payments could be made with all cryptocurrencies, including Bitcoin. Following the news, the price
Renowned Australian economist Steve Keen has made a controversial statement about Bitcoin. Keen, known for predicting the 2008 global financial crisis, suggested that Bitcoin’s value will approach zero in the long term. In an interview on the YouTube program The Diary of a CEO, Keen argued that Bitcoin’s high energy consumption is unsustainable. The economist
BlackRock’s most successful exchange-traded fund (ETF) is facing its clearest challenge yet, as Morgan Stanley rolls out a cheaper rival with direct access to trillions in client capital. Morgan Stanley’s ETF, trading under MSBT, began trading Tuesday with a 0.14% expense ratio, below the iShares Bitcoin Trust’s (IBIT) 0.25%. The difference is narrow but lands